BETH price: Huobi Global has now opened BETH trading along with BETH/USDT, BETH/ETH trading pairs.
Reward distribution: BETH earning from ETH 2.0 Staking + additional HPT rewards, which will be distributed on T+1 day according to BETH holdings snapshot. Estimated annualized rate of return is between 6%-20%, which will subject to actual payment.
Confiscation risk bearer: ETH 2.0 pledge exists confiscation risk of some BETH, which is borne by Huobi Global, and users do not need to pay.
Based on ETH 2.0 chain rules, after ETH 2.0 pledge, ETH will be converted into BETH and cannot be retrieved.
Since ETH 2.0 Phase 0 does not support transfer operations, BETH cannot be withdrawn. The opening time for deposit and withdrawal is based on development progress of ETH 2.0, which is expected to be 1-2 years.